Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy, and consent to receive emails from Rise
Jobs / Job page
Investment Management Budget and Expense Consultant image - Rise Careers
Job details

Investment Management Budget and Expense Consultant

Investment Management Budget and Expense Consultant

Investment Strategy & Governance Team

Full Time

Springfield, MA or Boston, MA

The Opportunity 

Investment Management (IM) is looking for a highly motivated and engaged Budget and Expense Consultant. In this role, you will support and be accountable for the financial analysis, forecasting, expense management, reconciliation and automation of financial data for the IM Operations team. Additionally, you will be responsible for analyzing demand capacity reports and models to support the optimization of work efforts, alignment to the budget, and time and cost to meet operational needs. The candidate must be task-driven and detailed oriented while having clear and concise written and verbal communication skills with the ability to orchestrate multiple simultaneous initiatives which will require excellent communication, organization, time management, and problem-solving skills. This position is based in Springfield or Boston with a hybrid schedule. 

The Team 

The Planning and Enablement team is part of the Investment Management (IM) Strategy and Governance Organization and is responsible for third party supplier management, financial planning and analysis, coordination and support for initiatives, strategic communications, and the employee onboarding experience. The Strategy and Governance team drives IM’s strategy forward, optimizing governance and decision-making processes, analyzes, and establishes common metrics, processes, and tools and supports key internal and external stakeholders in progressing the IM target operating model. The team is also responsible for coordinating the department’s strategic initiatives, Investment Compliance, Investment Due-Diligence and Investment Data Strategy and Governance

The Impact

As an Investment Management Financials Consultant, you will work closely with Investment Operations Leaders and the Planning and Enablement team along with our Finance Business Partner to own the financial tracking, forecasting, budgeting, and reporting process to ensure budgetary requirements are maintained and enforced across the Investment Operations team. This will include reporting to managers and senior leadership that summarizes and interprets data in a manner that “tells a story”.

  • Manage the IM Operations cost centers ensuring ongoing accuracy of financials and development of monthly cost center reports
  • Own the development, implementation, and monitoring of work efforts to ensure alignment with organizational goals and financial objectives
  • Prepare timely high-quality, clear and succinct materials for regular business meetings, including senior or executive-level presentations, reports and communications from a budget, expense and FTE perspective 
  • Support quarterly forecasting cycles and future year planning
  • Continuously evaluate and enhance financial management processes to improve efficiency and accuracy
  • Report up to leadership and key stakeholders on financial health and performance
  • Drive continuous improvement in process through increased leverage of technology to optimize and automate financial data including visualization dashboards
  • Work closely across the organization to develop and produce analysis related to expense and FTE trends; proactively identify any gaps in data or expenses
  • Develop a deep, micro-level understanding of the budget to provide recommendations for leadership on budget allocation and improvements
  • Use multiple tracking systems or databases to monitor the budget

The Minimum Qualifications

  • Associate’s Degree or equivalent experience or expertise
  • 3+ years of measurable success in supporting financial activities associated with the delivery of projects within budget and collaborating cross-functionally
  • 3+ years of experience with financial modeling, analysis, forecasting, budgeting and management of cost centers
  • 3+ years of experience in demonstrating effective communication in a corporate environment (written and verbal) and interpersonal skills
  • 3+ years of utilizing features commonly available in enterprise project management software solutions and adapting quickly in changing environments

The Ideal Qualifications

  • Bachelor's Degree
  • 5+ years of work experience in the financial services or insurance industry experience
  • Experience in wealth management and/or insurance industry sectors, ideally supporting corporate functions
  • Knowledge of process improvement and strong problem-solving skills
  • Hands-on experience with Clarity PPM
  • Proficient with financial tracking tools, MS Office Suite, and corporate forecasting systems
  • Proficient with data query and analysis tools and retrieval of data from core databases
  • Experience budgeting, forecasting and accruals, including hands on experience using visualization tools such as Tableau, MicroStrategy, etc.
  • The professional in this role must be highly organized with exceptional attention to detail
  • Strong knowledge of finance processes

What to Expect as Part of MassMutual and the Team:

  • Regular meetings with the Planning and Enablement Team
  • Focused one-on-one meetings with your manager
  • Access to mentorship opportunities
  • Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQIA+, veteran and disability-focused Business Resource Groups
  • Access to learning content on Degreed and other informational platforms
  • Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits

#LI-FT1

MassMutual is an Equal Employment Opportunity employer Minority/Female/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Note: Veterans are welcome to apply, regardless of their discharge status.

If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
MassMutual Glassdoor Company Review
3.9 Glassdoor star iconGlassdoor star iconGlassdoor star icon Glassdoor star icon Glassdoor star icon
MassMutual DE&I Review
No rating Glassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star iconGlassdoor star icon
CEO of MassMutual
MassMutual CEO photo
Roger W. Crandall
Approve of CEO

Average salary estimate

$85000 / YEARLY (est.)
min
max
$75000K
$95000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

Similar Jobs
Photo of the Rise User
MassMutual Hybrid US, Hartford County, CT; Connecticut, Hartford, CT
Posted 11 days ago

Join MassMutual's Corporate Audit Team as an Audit Consultant, where you'll drive positive change through your expertise in risk management.

Photo of the Rise User
MassMutual Hybrid US, Suffolk County, MA; Massachusetts, Boston, MA
Posted 11 days ago

As a Strategic Business Consultant at MassMutual, you will be instrumental in guiding the use of data analytics to enhance strategic business decisions.

Photo of the Rise User

Become a pivotal member of Standard Chartered's PAM Financing Risk team, focusing on credit risk management and optimization strategies.

Photo of the Rise User
Mammoth Brands Hybrid New York, United States
Posted 6 days ago

Join Mammoth Brands as an FP&A Manager and play a pivotal role in shaping financial strategy for innovative brands like Lume and Mando.

Posted 2 days ago

Become a pivotal player in a dynamic hospitality and real estate investment firm as the VP of Financing and Investments.

Posted 10 days ago

As a Senior Analyst in International Tax Strategy at Eaton, you will support critical tax planning and compliance projects that enhance shareholder value.

Photo of the Rise User
Okta Hybrid San Francisco, California, United States
Posted 14 days ago
Rise from Within
Mission Driven
Diversity of Opinions
Work/Life Harmony
Maternity Leave
Paternity Leave
401K Matching
Paid Holidays
Paid Sick Days
Paid Time-Off
Paid Volunteer Time
Health Savings Account (HSA)
Flexible Spending Account (FSA)
Family Coverage (Insurance)
Medical Insurance
Mental Health Resources

As a Senior Financial Analyst at Okta, you will drive financial strategy and planning in a fast-paced growth environment.

Photo of the Rise User
Posted 12 days ago

Join DoorDash as a Senior Manager to lead international tax planning and special projects within a fast-paced growth environment.

Photo of the Rise User

Seeking a Financial Counseling Supervisor to lead a dedicated team in Richmond, VA, ensuring compliance with financial counseling regulations and staff training.

Posted 12 days ago

Join Compa, a pioneering SaaS startup, as a Senior Finance & Operations Analyst to elevate finance operations and analytics.

Fiserv Hybrid King of Prussia, Pennsylvania
Posted 11 days ago

Join Fiserv as a Junior Credit Risk Analyst and play a key role in managing risk for merchant processing applications within a global financial technology leader.

Photo of the Rise User
Posted 8 days ago

As a VP, Financial Consultant at Schwab, you will guide clients in their financial journeys and build strong relationships based on trust and respect.

Photo of the Rise User

As a Commercial Credit Underwriter III at TD, you will take charge of analyzing and underwriting commercial loan applications, particularly in the healthcare sector.

Posted 4 days ago

Join Regions as an Equipment Finance Analyst and leverage your analytical skills in a dynamic finance team dedicated to client service.

Photo of the Rise User
Posted 10 days ago

Join JLL as a Junior Finance Administrator, where you will support financial processes in a dynamic real estate environment.

We help people secure their future and protect the ones they love.

119 jobs
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 15, 2025

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!